What Gang of 10?

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There was an article in the Wall Street Journal on Friday, August 8, 2008 about the "Republican Energy Fumble".  Compromise is not always a good idea.  For a week now, a group of Republican Congressmen have been meeting in the House of Representatives after Nancy Pelosi turned off the microphones and the CSPAN cameras.  The Republicans were scheduled to make the usual five minute speaches when Speaker of the House Pelosi chose to adjourn and not allow the speaches.  The Republican Congressmen are demanding an up or down vote on drilling, which Mrs. Pelosi says she will never allow.

The compromise includes $84 billion in tax credits and other government money (since when does any money actually belong to the government?) raised in part by additional taxes on oil companies.  Who do they think will eventually pay those taxes?  Look for even higher prices at the pump.   Additional drilling will be allowed, but under tremendous restriction.  Drilling will be allowed only in four coastal states, and the regulations will totally discourage it.  Great solution.

One of the people who has taken the time to do her homework on this matter is Congresswoman Michelle Bachmann of Minnesota who has actually taken the time to visit offshore oil rigs and ANWR.  You can visit her website for a very balanced view of energy solutions.

Amercian Solutions also has information on energy production on their website.

The bottom line for me is drill everywhere (safely--there has not been on offshore leak since the 70's--we have improved the technology), wind power, solar, electric, and anything else you can invent.  Let the private sector loose!!  Unleash the corporations to make money in energy by bringing our costs down and they will.


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1 Comments

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This page contains a single entry by Granny G published on August 10, 2008 11:45 AM.

EFCA--the Employee Free Choice Act is the next entry in this blog.

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